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Vol. 22, No. 4 Week of January 22, 2017
Providing coverage of Alaska and northern Canada's oil and gas industry


Hoffbeck: Tax credits need further review

Revenue commissioner says oil and gas tax system not broken, but state cannot sustain credits in chronically low-price environment

STEVE QUINN

For Petroleum News

Department of Revenue Commissioner Randall Hoffbeck says the state’s current tax system isn’t as broke as some would have others believe. But it’s not as stable as it could be, either, particularly in the tax credit sections. Hoffbeck says he’s hoping the right changes — as opposed to emotional, ide....


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